Entertainment
Fashion: Former glamour model, Katie Price declared bankrupt for the second time
Former glamour model, Katie Price has been declared bankrupt for the second time over an unpaid tax bill worth more than £750,000.
Price was previously declared bankrupt in 2019, owes £761,994.05 to HM Revenue and Customs.
The model who was previously declared bankrupt in November 2019, with debts of £3.2million, did not send a lawyer to her recent hearing which is the latest in a long string regarding her financial woes.
She now faces losing her £2million Sussex pad, dubbed Mucky Mansion – or could see bailiffs come round to repossess anything that could help pay back the government department.
At London’s Rolls Building, Insolvency and Companies Court Judge Sebastian Prentis said “there has been no response from the debtor. The papers are in order. There is substantial debt due from Ms Price to HMRC and therefore I will make a bankruptcy order.”
45-year-old Katie has dodged court for months after the case was moved half a dozen times since November 2021. The reality star and model is battling to save her £2million Sussex pad after running up debts of £3.2million.
According to court papers, £535,700 in unpaid national insurance or self-assessment tax make up the majority of the debt, as well as £40,000 in late payment fines.
In addition, she owes over £140,000 in missing VAT payments on top of almost £10,000 in VAT surcharges. The £761,994 claim is thought to be for a “liquidated sum”, which suggests she may need to sell assets or real estate to release equity.
The judge said;
“This petition was presented on 27 November 2023. It is in the sum of £761,194.05. That sum derives from self assessments for the years 2020-2021.
“And for that year 2021-2022 the amounts payable under those assessments were £142,405 and £196,735. The other main category on the petition is VAT due on returns. There are eight of those, being the returns between 31 August 2021 and 31 May 2023.
“The total of those is a little in excess of £140,000. Just as with the income tax self assessments, no payments at all have been made.
“The balance of the petition is therefore penalties and surcharges and interests and such like. The statutory demand in support of the petition was served personally on the 10 October.
“On 31 January 2024 there has been no response from the debtor and the papers are in order. There is a substantial debt due from Mrs Price to HMRC and I will therefore make a bankruptcy order at 12.03pm.”
The Channel 4 reality star is due to give evidence before an insolvency court in London next month in connection with her first bankruptcy. She is expected to give evidence to a judge about her income to show how she can pay off her debts.
Nigerian singer, Oyinkansola Sarah Aderibigbe, known professionally as Ayra Starr, has said she has nothing to prove anymore to fans in the music industry.
The Sabi Girl crooner explained that she now has only herself to prove to.
In a recent interview with BBC Radio 1xtra, London, the Grammy-nominated diva said her new mindset also influences the kind of music she now makes.
“I’m in a very comfortable place where I don’t see the need to prove myself to anybody other than myself.
“I released my song ‘Hot Body’ because I feel like this is the right time. I’m in the right headspace. I feel good. Right now, my body is better than I have ever felt.
“I didn’t just release it because it sounds good. Look what the hot body can do, that’s exactly how I feel,” she expressed.
Entertainment
I dated Vice President, I won’t mention his name, it’s like spiritual husband – Jaruma
Popular aphrodisiac seller, Hauwa Mohammed, better known as Jaruma, has opened up about her past relationships, claiming she has only dated two men in her life.
Speaking in a recent video on X, Jaruma disclosed that she once dated international football star, Samuel Eto’o and a Nigerian vice president whose name she refused to mention.
“I have only dated two men in my life, Samuel Eto’o, the international footballer, and a vice president. That vice president’s name cannot be mentioned because, if you do, they can wipe out your whole image from the face of the earth,” she said.
She went further to liken Nigerian politicians to what she described as “spiritual husbands.”
“Nigerian politicians are like spiritual husbands. You cannot mention their names, even if they’ve been in your life,” she stated.
Jaruma explained that questions about how she was able to afford her luxury lifestyle before venturing into her well-known kayamata business made her come clean about her past.
“Before I even started selling kayamata, I was already living large. People kept asking how I could afford such an expensive lifestyle. The honest truth is, it was only these two men I dated in my whole life,” she added.
Jaruma, who said she studied in Istanbul, Turkey, and later lived in Dubai, explained that her time abroad also shaped her encounters.
Afrobeat singer, David Adeleke, popularly known as Davido, has gifted his wife, Chioma, a diamond-encrusted Richard Mille wristwatch valued at $300,000 during their white wedding in Miami, United States, on Sunday.
The luxury timepiece is the second Richard Mille watch Davido has given her, following a similar gift alongside Birkin bags for her birthday in 2023.
The Miami ceremony followed the couple’s traditional wedding in Lagos in June 2024 and their court wedding in March 2023.
Pictures and videos from the event have been widely shared on social media, sparking excitement among fans.
We Reverend Sisters Are frequently $exually harass€d and treated as Wives/Bedmates by Priests- Rev’d Sr Anastasia cries out
Protest hits Enugu over detention of LP lawmaker-elect
2027: Atiku’s eyes on ADC ticket, PDP may be forced to back him – Sambo
-
Politics10 months agoMexico’s new president causes concern just weeks before the US elections
-
Business10 months ago
US court acquits Air Peace boss, slams Mayfield $4000 fine
-
Trending10 months agoNYA demands release of ‘abducted’ Imo chairman, preaches good governance
-
Entertainment10 months ago
Bobrisky falls ill in police custody, rushed to hospital
-
Entertainment10 months ago
Bobrisky transferred from Immigration to FCID, spends night behind bars
-
Politics10 months agoRussia bans imports of agro-products from Kazakhstan after refusal to join BRICS
-
Politics10 months agoPutin invites 20 world leaders
-
Education12 months ago
GOVERNOR FUBARA APPOINTS COUNCIL MEMBERS FOR KEN SARO-WIWA POLYTECHNIC BORI